Real Estate Pricing Discounts from Original Listing Price By definition, buyers and sellers establish the actual “market price” of any property when they complete a transaction. Before any property is listed for sale, the seller and listing agent must determine an original listing price. The chart above tracks the accuracy of that price setting process. […]
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First time home buyers face tough times. Prices and interest rates are both high. So are property taxes. When even good wages aren’t enough to qualify for a median home, it’s time to follow the path of previous generations and start small. It would have been very common for GIs returning after the Second World
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Rising home prices are a popular topic for homeowners. Not so much for renters and others trying to buy property in a challenging market. This century witnessed prices plummet in 2008 after the financial crisis. Since the market bottom in 2011 prices have shown a steady rise year over year. Covid helped shape a new
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Sonoma County continues to be a favorite destination of smart buyers willing to pay a premium price for the wine country lifestyle. Many are successful and financially prudent Bay Area residents looking for second homes that will turn into their primary residence when they retire. Other highly-qualified buyers are looking for an additional residence or
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Water and Power Living in fire prone areas requires planning and adaptation. New houses, in particular, have to meet stricter codes for fire sprinkler systems. It’s not just the sprinklers that add cost, but the entire water supply system which has to be larger to provide enough water for the sprinklers to work as designed.
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